This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Accordant Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$6.403. Accordant Group's 10-Year median PS Ratio is 0.3092. Therefore, the Median PS Value for today is NZ$1.98.
As of today (2024-05-22), Accordant Group's share price is NZ$0.50. Accordant Group's Median PS Value is NZ$1.98. Therefore, Accordant Group's Price to Median PS Value for today is 0.25.
The historical rank and industry rank for Accordant Group's Median PS Value or its related term are showing as below:
NZSE:AGL'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.25 Med: 0.62 Max: 0.99
Current: 0.25
During the past 13 years, the highest Price to Median PS Value of Accordant Group was 0.99. The lowest was 0.25. And the median was 0.62.
NZSE:AGL's Price-to-Median-PS-Value is ranked better than 96.5% of 514
companies
in the Business Services industry
Industry Median: 0.965
vs NZSE:AGL: 0.25
Accordant Group Median PS Value Historical Data
The historical data trend for Accordant Group's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Accordant Group's Median PS Value
For the Staffing & Employment Services subindustry, Accordant Group's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Accordant Group's Price-to-Median-PS-Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Accordant Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Accordant Group's Price-to-Median-PS-Value falls into.
Accordant Group Median PS Value Calculation
Accordant Group's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.3092.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accordant Group's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$6.403.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Accordant Group (NZSE:AGL) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Accordant Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.50
/
1.98
=
0.25
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Accordant Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Accordant Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.
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